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Introduction: In the banking sector, interest rates play a crucial role in determining the cost of borrowing for customers. Over the years, different methods have been employed to calculate...
Read MoreIntroduction: The Pradhan Mantri MUDRA Yojana (PMMY) is a flagship scheme launched by the Government of India with the aim of promoting entrepreneurship and providing financial assistance to...
Read MoreIn a move that took the nation by surprise, the Reserve Bank of India (RBI) recently announced the recall of the ₹2000 note, triggering widespread speculation and debate. The...
Read MoreIntroduction The Prime Minister Employment Generation Programme (PMEGP) is a flagship initiative by the Government of India aimed at promoting entrepreneurship and generating employment opportunities. Launched in 2008, the...
Read MoreIn an effort to foster entrepreneurship and support small and medium enterprises (SMEs) in India, the Government of India introduced the Credit Guarantee Fund Trust for Micro and Small...
Read MorePeer-to-Peer (P2P) lending platforms, operating as Non-Banking Financial Companies (NBFCs), have gained popularity in India as an alternative source of borrowing. These platforms connect borrowers directly with lenders, offering...
Read MorePersonal finance is an essential aspect of everyone’s life, regardless of their age, occupation, or income level. It involves managing and allocating financial resources effectively to achieve financial goals,...
Read MoreWhen it comes to transportation, there are several options available to individuals. Some people prefer to use public transportation, while others prefer to own a car. For those who...
Read MoreAs India’s economy continues to evolve and adapt to technological advancements, digital lending has emerged as a critical component of the financial ecosystem. The traditional lending model in India...
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